Latest mortgage news - First Time Buyers


01 Aug 2020

Help to Buy scheme is extended to help homebuyers

Help to Buy schemes have been extended to March 2021 allowing thousands of homeowners to complete on their new build properties.

20 Jul 2020

Housing boom sends asking prices to record highs

Post lockdown the UK housing market is in a mini-boom with asking prices at record highs and rising £7,640 this month.

10 Jul 2020

3 million working from home in green lockdown to save the plant

Almost a third of the UK workforce intend to continue working from home to save the plant in a self imposed green lockdown.

09 Jul 2020

Stamp duty holiday to save thousands on new house purchases

The Chancellor has launched a stamp duty holiday to help kick start the property market saving buyers thousands for a new home.

25 Jun 2020

New sales agreed rebound strongly in Northern cities

The number of sales are 4% higher than the pre-lockdown level rebounding in the northern cities of Leeds, Sheffield and Manchester.

18 Jun 2020

Nationwide triples deposits by withdrawing mortgage deals

With an uncertain mortgage market Nationwide has removed their high loan to value mortgage deals for new buyers, tripling deposits.

15 Jun 2020

Asking prices bounce back with strong demand from buyers

With strong demand from buyers asking prices for property are up on average 1.9% compared to March before the Coronavirus lockdown.

02 Jun 2020

Third of Britons are more positive with their home during lockdown

Living through lockdown over a third of Brits have a greater sense of community with their neighbours and are positive about their homes.

29 May 2020

Buyer demand rebounds up 88pc across England

Demand for property has increased by 88% as the English housing market reopens and exceeds pre-lockdown levels.

18 May 2020

House prices firm with strong demand as housing market opens

As the housing market reopens there is demand with 5.2 million visits from prospective home movers supporting house prices.

15 May 2020

Fixed rate mortgages fall to record lows with fewer products

Two and five year fixed mortgage rates have reduced to historic lows giving you the chance to save money by switching to a preferential rate.

07 May 2020

Home buyers back to browsing property since Covid-19 lockdown

The number of hours home buyers spend online looking for property has increased since the lockdown with 40% rise in London.

Call for your free quote 0800 955 0058

  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

  • WARNING

    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

    CONTACT

    Address:
    9th Floor, 30 Crown Place
    London, EC2A 4EB

    Phone:
    0800 955 0058

    Email:
    info@londoncitymortgages.co.uk

    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

    2021 © London City Mortgages.
    Website designed & developed by Spyre Media